A New York man accused of shooting a top insurance executive outside a Midtown hotel has changed his legal strategy ahead of his September trial. Luigi Mangione, 28, was initially expected to argue that a severe mental health episode impaired his judgment during the killing. But his lawyers have now
Insurers are facing a tough year ahead, with inflation being a major concern. A recent survey shows that most insurers are being cautious with their investments. Only a small group, about 12%, plan to take on more risk in 2025. However, there is a growing interest in private markets. Nearly a third
Insurance companies in California are raising rates and dropping customers because of climate-related disasters. State Farm, the state's largest insurer, has already increased rates by an average of 17% for homeowners, 15% for renters and condo owners, and 38% for apartment owners. They are also see
Health insurance companies in the U. S. are making big changes to how they handle approvals for medical treatments. This process, called prior authorization, can be a hassle for both patients and doctors. Doctors often have to wait for approval from insurance companies before they can provide certa
The insurance industry in the US is under attack. Cybercriminals have successfully breached Aflac, a major player in the insurance world. This incident is part of a wider trend of hacking attempts targeting insurance companies. Aflac, known for its significant customer base and substantial annual re
The world of data is buzzing with information about births, deaths, and movements. This has opened up new ways to look at life tables, which are used to figure out how long people live and when they might die. One exciting development is the creation of life tables that can be measured in quarters,
The story of Luigi Mangione, a 26-year-old, has grabbed the attention of many. He was brought into a New York courtroom on Friday, facing serious charges. Mangione stands accused of killing Brian Thompson, a high-profile CEO of UnitedHealthcare, on a bustling Manhattan street. Mangione was escorted
Senator Bernie Sanders recently spoke about the tragic murder of a health insurance CEO and the growing frustration people feel towards the industry. He emphasized that violence is never the answer, but acknowledged that many people are upset with how health insurance companies operate. The shootin
Luigi Mangione, the man accused of murdering UnitedHealthcare CEO Brian Thompson, comes from a wealthy family that runs a nursing home chain. This chain, Lorien Health Services, has a dark side. Despite being known for its luxurious amenities like restaurant-style dining and movie theaters, some of
The killing of UnitedHealthcare's CEO, Brian Thompson, has sparked a wave of reactions. Many people are angry not just at the violence, but at the healthcare system they blame for their own struggles. For years, insurance companies have used tactics like denying claims and dragging out legal battles
